7IM co-seeds micro-cap fund as US 'in foothills' of better environment for active managers

Invested in THB US Opportunities UCITS fund

Seven Investment Management (7IM) has been topping up its position in the THB US Opportunities UCITS fund, run by a Connecticut-based boutique, which the team co-seeded earlier this summer.

The firm, which previously usually used passive managers to access the US market, has said the country is in the "foothills" of a more positive environment for active managers. This has led the team to boost its weighting to the THB US Opportunities UCITS fund, most recently last week. The fund is managed by US boutique Thomson Horstmann & Bryant (THB) and invests in quality, self-funded companies which have low debt, low cost structures versus their peers and are the leaders in market niches. Furthermore, 7IM said US President Donald Trump's tax reforms, which cleared their first ...